Shin Chang-Jae
Birthname Shin Chang-Jae Education Seoul National University Profession CEO Net worth $2,600,000,000 Source of Wealth Kyobo Life Insurance and Inherited Nationality South Korea Marital Status Married Children two childrenSouth Korean billionaire Shin Chang-Jae is the Chairman and Chief Executive Officer of Kyobo Life Insurance with an estimated net worth of $2.6 billion as of May 2015 according to Forbes. He ranked seventh in Korea’s 50 Richest listing and 736th in the listing of World Billionaires.
Mr. Shin has earned his estimated net worth of $2.6 billion when he took over Kyobo from his father in 1997 regardless of the commercial turmoil in South Korea right through that yr. Although he by no means if truth be told wanted to be a businessman, he has to take control of the corporate that his father started with the subsidiary, Kyobo Book Center. Since then, he has constructed Kyobo into the third-biggest life insurer within the country and his wealth has grown through the years.
In 2009, Shin Chang-Jae gained the celebrated Asian Insurance Industry Award. Last yr, he was once named Asian Insurance Industry’s Personality of the Year throughout the awards dinner in Kuala Lumpur. There are speculations that he's planning to bid for ING Life Korea. If the takeover takes place, Kyobo will likely be No. 2 a few of the biggest life insurers in South Korea.
Before accepting the tasks in the company, Shin Chang-Jae stayed in his fatherland and attended medical school at Seoul National University. He later become an obstetrician and a medical faculty professor at his alma mater.
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